The gold-filled watches, which Omega models are wearing for the movie stars Djordje Kluni and Nicole Kidman at the Gala, are being melted down. They are being melted down because the prices of gold are approaching record highs, and the metal’s negative impact on resale is being exceeded, according to experts and consultants, as reported by “Roterz”. The gold-filled models from companies such as Omega and LVMH are the most popular among their respective trends, according to dealers, industrial experts and investment advisors.
In May, the British dealer “JohnWatt” from Gold Traders melted down an 18-carat “Omega” watch from the end of the 1970s, which was in excellent condition, and became the biggest buyer of investment gold that year, and was the cause of the increase in the price of gold.
Topics: #gold #being #melted